How a Pool Can Affect Your Mortgage (or Refinance) Application
There’s nothing better than stepping out your back door on a hot summer day and jumping in your own swimming pool. But be careful when looking to buy…
Contributor
Tim Lucas
Tim Lucas (NMLS #118763) was an editor of MyMortgageInsider.com. He has appeared on Time.com, Realtor.com, Scotsman Guide, and more.
Articles by Tim Lucas
First Time Home Buyer Tips
MyMortgageInsider asked loan officer Mason Buckles (NMLS #176104) about the top tips first-time home buyers should know as they start their home search. MMI: What happens when a…
Buying A Home After Bankruptcy
Sometimes no matter how hard you try, you just can’t catch a break. You lose your job, you have a medical emergency, or your business fails. Before you…
Why Get an Appraisal on an FHA Streamline Refinance?
The big advantage to an FHA streamline refinance is that you can skip the requirement for an appraisal. But, in some cases, you may opt to get an…
Buy Distressed Property in Just a Few Days
So you find a house that you know you can make a lot of money on (or maybe you want to live in it) so you want it…
FHA Reduces 2015 Mortgage Insurance Premiums
In a landmark announcement, FHA said it will reduce its monthly mortgage insurance premium in January 2015. The move will save the average home buyer $100 per month…
Mortgage Application Denied? What To Do Next
You started out with such enthusiasm. You decided it was time to buy or refinance a home, so you find a lender. You apply, but after a few…
5 Dates In History You Need to Know when Buying a House
Interested in buying a home? Here are some important dates you need to know about before your home buying venture. 1. June 15, 1976 – Manufactured Homes If…
Compelling Option for HARP Ineligible Homeowners: Cash-In Refi
Editor’s Note: The HARP program expired December 31, 2018. The Freddie Mac Enhanced Relief Refinance (FMERR) program that followed it is currently paused and not available. Additionally, Fannie…
FHA Refinance Net Tangible Benefit: What To Do if You Don’t Qualify
The FHA streamline refinance program allows a borrower with a current FHA loan to refinance into a lower rate and payment with very little time, effort, or documentation.…